Fujikura : Consolidated Financial Results (Japanese Accounting Standards) for the Second Quarter of Fiscal Year Ending March 31, 2023

Consolidated Financial Results (Japanese Accounting Standards) for the Second Quarter of Fiscal Year Ending March 31, 2023

November 9, 2022

Company name:	Fujikura Ltd.
Stock exchange listing:	Prime Market of TSE
Code No. :	5803
URL:	https://www.fujikura.co.jp/
Representative:	Naoki Okada, Director of President, CEO
Contact:	Toru Hamasuna,
General Manager of Corporate Strategy Planning Division
	Tel. [phone]

Scheduled filing date of the quarterly securities report: November 10, 2022

Scheduled dividend payment date: December 5, 2022

(The figures are rounded to the nearest million yen.)

1. Consolidated Financial Results for the Second Quarter of Fiscal Year Ending March 31, 2023 (April 1, 2022－September 30, 2022)

(1) Consolidated Financial Results

(Percentages represent changes compared to the same period of the previous fiscal year.)

Net sales Operating income Ordinary income Profit attributable to owners of parent

		Million yen	％	Million yen	％	Million yen		％	Million yen	％
	Six months ended	399,067	21.6	35,252	89.6		38,527	130.5	31,790	85.0
	September 30, 2022
	Six months ended	328,093	9.2	18,597	108.8		16,715	124.5	17,188		―
	September 30, 2021
	Note: Comprehensive income: Six months ended September 30, 2022		56,155	million yen	219.5%
		Six months ended September 30, 2021		17,574	million yen	813.5%
		Net income	Diluted net income
		per share	per share
			Yen		Yen
	Six months ended		115.28		－
	September 30, 2022
	Six months ended		62.37		－
	September 30, 2021

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Profit attributable to owners of parent

(2) Consolidated Financial Position

		Total assets		Net assets	Equity ratio
		Million yen			Million yen	％
As of September 30, 2022		685,402			296,949	39.9
As of March 31, 2022		611,526			243,657	36.1
Reference: Shareholders' equity:	As of September 30, 2022	273,434	million yen
		As of March 31, 2022		220,492	million yen

2．Dividends Payments

			Dividend per share
	End of	End of	End of	Year-end	Annual
	1st quarter	2nd quarter	3rd quarter
	Yen	Yen	Yen	Yen	Yen
Year ended	－	0.00	－	10.00	10.00
March 31, 2022
Year ending	－	13.00
March 31, 2023
Year ending
March 31, 2023			－	13.00	26.00
（forecast）
Note: Revisions to dividends payments forecasts disclosed most recently: Yes

For the revision of dividends forecast, please refer to " Notice of Differences between Consolidated Business Forecast and Actual Results for the First Half of the Fiscal Year Ending March 31, 2023, Revision of Full-Year Consolidated Business Forecast, Determination of Interim Dividends and Revision of Dividends Forecast" announced today (November 9, 2022).

3. Consolidated Financial Forecasts for the Fiscal Year Ending March 31, 2023 (April 1, 2022－March 31, 2023)

(Percentages represent changes compared to the same period of the previous fiscal year.)

Net

Net sales Operating income Ordinary incomeincome per share

	Million	%	Million	%	Million	%	Million	%	Yen
	yen		yen		yen		yen
Year ending	790,000	17.8	68,500	78.9	69,000	102.4	35,500	(9.2)	128.74
March 31, 2023
Note: Revisions to financial forecasts disclosed most recently: Yes

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4. Others

1. Changes in significant subsidiaries during the period (changes in "tokutei kogaisha" as amended, involving changes of the scope of consolidation): No
2. Application of special accounting methods to the preparation of quarterly consolidated financial statements: Yes
3. Changes in accounting policies, changes in accounting estimates and restatements (to be described in "Changes in significant matters concerning the preparation of consolidated financial statements")

1. Changes in accounting policies due to revisions of accounting standards, etc. : Yes

(ii)	Changes in accounting policies other than (i)	: No
(iii)	Changes in accounting estimates	: No
(iv)	Restatements	: No

1. Number of issued shares (common stock)
2. 1. Number of issued shares at end of period (including treasury stock)

As of September 30, 2022:	295,863,421	Shares
As of March 31, 2022:	295,863,421	Shares

1. Number of shares of treasury at end of period

As of September 30, 2022:	20,060,284	Shares
As of March 31, 2022:	20,166,788	Shares

1. Average number of outstanding shares during period

Six months ended September 30, 2022:	275,750,607	Shares
Six months ended September 30, 2021:	275,597,151	Shares

Notes: Fujikura has introduced a stock-based compensation plan by means of a trust for the Company's Directors. The number of shares held in this trust account are included in the number of treasury stock.

Notes: concerning the appropriate use of financial forecasts and other significant matters

(Note on forward-looking statements)

1. The consolidated business forecasts for full year of the fiscal year ending March 31, 2023 and year-end dividends announced on August 5, 2022, have been revised in this release. For specific details, please refer to the " Notice of Differences between Consolidated Business Forecast and Actual Results for the First Half of the Fiscal Year Ending March 31, 2023, Revision of Full-Year Consolidated Business Forecast, Determination of Interim Dividends and Revision of Dividends Forecast" announced today (November 9, 2022).
2. These forecasts are based on information available to the Company on the date hereof. Actual financial results may differ from these forecasts due to various factors.

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